Intel Quietly Cuts Deep: Thousands Laid Off Despite Denials

Shockwaves ripple through the tech industry as Intel confirms massive restructuring plans that will leave tens of thousands without jobs and halt several flagship international operations. After months of vague language about “headcount actions,” Intel has come clean in its Q2 2025 earnings report: the chipmaker is undergoing a seismic shift, cutting approximately 24,000 employees — nearly a quarter of…